Fastmarkets’ domestic price assessment for commodity-size, grade-S235 square hollow sections made in Northern Europe was unchanged week on week on Wednesday at €630-650 ($710-733) per tonne delivered.
Two recent attempts by ArcelorMittal to increase the price for European steel coil
, by €30 per tonne each time, have so far not been fully successful. Coil is the feedstock material for hollow sections manufacture.
Fastmarkets’ weekly price assessment for domestic Northern European hot-rolled coil (HRC) was €510-520 per tonne ex-works...